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Bachelor of Actuarial Studies/Bachelor of Finance

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Degree Structure

A typical full-time degree program meeting IAAust Part I and II requirements as well as those for a major in corporate finance and invesment management.

 First semesterSecond semester
Year 1
(48 units)
ECON1101 Microeconomics 1 
MATH1115 Mathematics and Applications 1 (H) 
BUSN1001 Business Reporting and Analysis
FINM1001 Money, Markets and Finance
ECON1102 Macroeconomics 1
STAT2001 Introductory Mathematical Statistics
FINM2001 Corporate Finance
Elective (6u)
Year 2
(48 units)
ECON2101 Microeconomics 2
STAT2008 Regression Modelling
STAT3004 Stochastic Modelling
STAT2032 Financial Mathematics
ECON2102 Macroeconomics 2
STAT3032 Survival Models
FINM2002 Financial Instruments and Risk Management
Elective (6u) 
Year 3
(48 units)
STAT3035 Risk Theory
FINM3001 Investments
Elective (6u)
Elective (6u)
STAT3036 Credibility Theory
Elective (6u) 
FINM3002 International Financial Management
Elective (6u)
Year 4
(48 units)
STAT3037 Life Contingencies
FINM3003 Continuous Time Finance
Elective (6u) 
Elective (6u)
STAT3038 Actuarial Techniques
FINM3005 Corporate Valuation or FINM3006 Fixed Income Securities 
Elective (6u)
Elective (6u)
Year 5
Honours (48 units)
Actuarial Studies IV Honours*
OR
Finance IV Honours
Actuarial Studies IV Honours*
OR
Finance IV Honours
  1. Bachelor of Finance major in Corporate Finance and Investment Management must include at least one of EMET3007 (Business and Economic Forecasting), EMET2008 (Econometric Methods), STAT3015 (Generalised Linear Modelling) or STAT3011 (Graphical Data Analysis).
  2. Typically, FINM3005 Corporate Valuation and FINM3006 Fixed Income Securities will be offered in alternate years
  3. The electives must also include at least one of MGMT3015 (Corporate Strategy), ECON3006/ECON3016 (Financial Economics (P/H)), BUSI2025 (International Business), ECON2102/ECON2112 (Macroeconomics 2 (P/H)) or ECON2026 (Money and Banking).
  4. Actuarial Studies IV Honours must be completed to meet Part II of the IAAust requirements.

A typical full-time degree program meeting IAAust Part I and II requirements as well as those for a major in quantitative finance.

 First semesterSecond semester
Year 1
(48 units)
ECON1101 Microeconomics 1 
MATH1115 Mathematics and Applications 1 (H) 
BUSN1001 Business Reporting and Analysis
FINM1001 Money, Markets and Finance
ECON1102 Macroeconomics 1
STAT2001 Introductory Mathematical Statistics
FINM2001 Corporate Finance
Elective (6u)
Year 2
(48 units)
ECON2101 Microeconomics 2
STAT2008 Regression Modelling
STAT3004 Stochastic Modelling
STAT2032 Financial Mathematics
ECON2102 Macroeconomics 2
STAT3032 Survival Models
FINM2002 Financial Instruments and Risk Management
Elective (6u) 
Year 3
(48 units)
STAT3035 Risk Theory
FINM3001 Investments
Elective (6u) 
Elective (6u)
STAT3036 Credibility Theory
Elective (6u)
Elective (6u)
Elective (6u)
Year 4
(48 units)
STAT3037 Life Contingencies
FINM3003 Continuous Time Finance 
Elective (6u) 
Elective (6u)
STAT3038 Actuarial Techniques
FINM3007 Advanced Derivative Pricing and Applications
Elective (6u)
Elective (6u)
Year 5
Honours (48 units)
Actuarial Studies IV Honours*
OR
Finance IV Honours
Actuarial Studies IV Honours*
OR
Finance IV Honours
  1. The electives must also include at least one of MGMT3015 (Corporate Strategy), ECON3006/ECON3016 (Financial Economics (P/H)), BUSI2025 (International Business), ECON2102/ECON2112 (Macroeconomics 2 (P/H)) or ECON2026 (Money and Banking).
  2. Actuarial Studies IV Honours must be completed to meet Part II of the IAAust requirements.
  3. To complete the Mathematical Science major from the Faculty of Science typically the courses MATH1116 (Mathematics and Applications 2 (H)) and MATH3029 (Probability Models with Applications) must be included as electives.

The information published on the Study at ANU 2009 website applies to the 2009 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2008 website.

Updated:   13 Nov 2015 / Responsible Officer:   The Registrar / Page Contact:   Student Business Solutions